Japan's Trial Holdings to buy Seiyu for about $2.7 bln, Nikkei says

SEIBU HOLDINGS

05/03/2025 04:32

TOKYO, March 5 (Reuters) - Japan's Trial Holdings 141A.T obtained preferred bidder status from U.S. private equity fund KKR KKR.N to acquire supermarket chain Seiyu for about 400 billion yen ($2.67 billion), the Nikkei business daily reported on Wednesday.

Trial Holdings plans to purchase all shares of Seiyu, the report said.

($1 = 149.7800 yen)

 (Reporting by Tokyo newsroom; Editing by Muralikumar Anantharaman)

 ((kaori.kaneko@thomsonreuters.com;))